Google Earnings: Profit Up but Search-Ad Prices Drop 6%

Results Reignite Worries About the Impact of Mobile Devices

Google Inc.'s profit and sales continued to climb in the recent quarter, but deceleration in the growth of its main business of selling search advertising reignited concerns about the impact of mobile devices and the Web giant's push into lower-margin businesses.

The results were lower than what Wall Street was expecting, sending the company's shares lower in after-hours trading.